M&A Deal Summary

Direct Travel Acquires Meridican Travel

On September 18, 2019, Direct Travel acquired media company Meridican Travel

Acquisition Highlights
  • This is Direct Travel’s 2nd transaction in the Media sector.
  • This is Direct Travel’s 2nd transaction in Canada.
  • This is Direct Travel’s 2nd transaction in Ontario.

M&A Deal Summary
Date 2019-09-18
Target Meridican Travel
Sector Media
Buyer(s) Direct Travel
Deal Type Add-on Acquisition

Target

Meridican Travel

Markham, Ontario, Canada
Meridican Travel, Inc. is an award-winning, full-service meetings, events and incentives company focused on delivering world-class incentive travel programs, meetings and conferences, product launches, and consumer events. These transformative event experiences are designed to support long-term business goals and objectives. Meridican services a client list that includes but is not limited to automotive, finance, insurance, food services, retail, telecommunications, and manufacturing companies.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Direct Travel

Centennial, Colorado, United States
Category Company
Founded 1980
Sector Business Services
DESCRIPTION

Direct Travel is a corporate travel management provider offers outsourced booking and management of employee air travel, transportation and accommodations, focusing on mid- to large-sized corporate accounts. Direct Travel was founded in 1980 and is based in Centennial, Colorado.

DEAL STATS #
Overall 16 of 17
Sector (Media) 2 of 2
Type (Add-on Acquisition) 15 of 16
State (Ontario) 2 of 2
Country (Canada) 2 of 2
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-18 Strategic Meetings + Incentives

Toronto, Ontario, Canada

Strategic Meetings + Incentives is a full-service meeting, incentive and events company with a focus on delivering quantifiable results for clients since 1974. Strategic Meetings + Incentives has been the recipient of SITE Crystal Awards, as well as numerous industry recognition awards.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-14 Professional Travel

Cleveland, Ohio, United States

Professional Travel is a corporate travel management company specializing in mid-market corporate, leisure and group travel. Professional Travel is consistently ranked by Business Travel News as one of the top 35 travel management companies in the US based on total industry sales volume.

Buy -
Mergr

Product

Company

Legal